Utilities may unwind hedges amid uncertainty over EU emissions market
Pricing swing options in electricity markets with two stochastic factors using a partial differential equation approach
This paper considers the numerical valuation of swing options in electricity markets based on a two-factor model.
Industry blasts proposal to allow private manipulation suits in US electricity markets
Electricity prices falling below zero are not a sign of end times, but a valid price signal
Influx of wind and solar sends prices below zero and wreaks havoc on models
The papers in this issue are all related to energy risk management, including both risk assessment and risk hedging by financial derivatives.
This paper looks at hourly spot prices at the German electricity market and applies extreme value theory (EVT) to investigate the tails of the price change distribution.
This paper focuses on medium-term probabilistic forecasting for risk management purposes.
Firms face heat over out-of-the-money natural gas hedge transactions
Failures of first liberalised US power market still shape Ferc anti-manipulation agenda
Facilitating appropriate compensation of electric energy and reserve through standardized contracts with swing
This study focuses on standardized energy and reserve contracts with swing (flexibility) in their contractual terms.
The papers in this issue cover a diverse range of applications and numerical techniques.
SLADI: a semi-Lagrangian alternating-direction implicit method for the numerical solution of advection–diffusion problems with application to electricity storage valuations
In this paper, an efficient and novel methodology for numerically solving advection–diffusion problems is presented.
In this paper algorithms are developed using the Hamilton–Jacobi–Bellman approach for parabolic partial integrodifferential equations related to the quadratic hedging strategy in incomplete markets.
MSA official’s comments come in wake of TransAlta manipulation fine
Regulation could "kill the markets by trying to make them safer", frets Uwe Schulz
Attempt to foster regional hubs held back by scale and lack of competition
Power grid operators and capacity mechanisms seen as impeding cross-border trade
Outgoing president and CEO discusses challenges posed by renewables in Texas
Port comments on how risk management will be affected by Uniper spin-off
Schulz speaks about threats and opportunities facing European utilities
Acer director talks about progress on Remit and power market coupling
Expansive definition of financial instruments worries firms such as utilities